Crude oil price reaches the second target – Analysis - 14-09-2021

2021-09-14 04:18:48 GMT (Economies.com)
 

Crude oil price shows new positive trades to start testing 71.05 level, getting good positive support by the EMA50, waiting to breach this level to confirm extending the bullish wave towards 73.30.

 

Therefore, the bullish trend scenario will remain valid and active for the upcoming period, noting that the continuation of the bullish wave requires holding above 69.25.

 

The expected trading range for today is between 69.50 support and 72.50 resistance.

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.1622
0.0010
0.0904%
1.3757
0.0018
0.1336%
Tadawul
11886.38
40.45
0.34%
24.389
1.075
4.613%
84.519
1.173
1.407%
86.05
0.51
0.60%
1799.255
29.515
1.668%
 
 
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